The Indianapolis Colts have reportedly made their decision for the first pick of next week's NFL Draft and, as expected, Stanford quarterback Andrew Luck is expected to be the overall top selection.

The Indianapolis Star cited an NFL source as saying the Colts have made their decision and have already informed Luck that he will be the top choice. ESPN and the NFL Network have also reported that Luck will be the Colts' pick.

Colts general manager Ryan Grigson said Wednesday during a media session to preview the draft that the team had settled on its pick, but he didn't divulge the name.

"We've pretty much made up our mind and we're going to go from there," Grigson said. "We feel really good about it. Barring anything unforeseen, we know where we're going."

Since officially releasing Peyton Manning in March, it had been widely speculated that Luck would be the Colts' choice. Baylor's Robert Griffin III was also likely considered. The Heisman Trophy winner will likely be the chosen by Washington with the second pick next week.